#代币估值与机制 Looking at the public sale mechanism of Space, I paused to think.

There are several details in this project worth noting. First is the token flywheel — 50% of platform revenue used for buybacks and burns, which indeed uses mechanism design to support the token's value. But I want to remind everyone that even the most perfect mechanism still requires genuine platform income to drive it. The liquidity of the prediction market itself is a bottleneck; whether gamification incentives andairdrops can truly attract sustained trading volume depends on market validation.

Regarding valuation, the FDV lower limit is 50 million, and the upper limit is 99 million, using a linear price discovery curve. I approve of this transparent parameter setting. However, this also means that if the final subscription interest is average, the price may stay near the lower limit. Participants need to understand that TGE with 100% unlock means no lock-up period protection, and initial selling pressure risks should be considered.

UFO's past success experience is mentioned, but that was in 2021. The market environment then was completely different from now. Having an experienced team is good, but it cannot guarantee future returns.

If you have idle funds and want to participate, my advice is: clarify what proportion of your overall asset allocation this represents — it should not exceed what you can afford to lose. Treat it as an exploration and learning investment in innovative mechanisms, not as a hope for short-term appreciation. Also, be sure to participate using a self-custody wallet, which is the most basic security baseline.

No matter how attractive the tokenomics, position management and mindset are always the top priorities.